How to Track Your Financial Aid Disbursement

Disbursements occur weekly beginning the first Friday of the semester (Aug. 29, 2014). All eligible students who have met the priority filing date of June 30, 2014 for the fall semester and who meet the Satisfactory Academic Progress Policy will be considered for the first disbursement. The Federal Pell Grant is disbursed in two equal installments each semester, 50% the first disbursement and 50% after the mid-point of the semester. Students will note a negative balance on their account once the disbursement has occurred. It may take 5-10 business days for the funds to be processed and transferred to the student’s Higher One account after a request for payment is made. The negative balance will disappear from the student’s account once the grant or loan has been transferred to the Higher One Account. Students set up to receive email and/or text messages from Higher One will be notified when the disbursement hits their account. All grant disbursements are based on the number of units in which the student is enrolled at the time of the freeze date for the semester.